i got it wrong, please tell me the right answer Question 9YCМPCMPSSaving$5,000$4,750$6,000$5,500$7,000In the table above, when income (Y) changes from $5,000 to $6,000, the marginal propensity to save is0.750.8$750O 0.250.2

marginal Consumption(mC)=$5,500-$4,750 =$750 marginal…

Answered: In the table above, when income (Y)…

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In the table above, when income (Y) changes from $5,000 to $6,000, the marginal propensity to save is

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Chapter1: Making Economics Decisions

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